Personal Property Taxes definition

Personal Property Taxes. All personal property taxes imposed on the furniture, furnishings or other items of personal property located on, and used in connection with, the operation of the Leased Improvements as a hotel (other than Inventory and other personal property owned by Lessee), together with all replacement, modifications, alterations and additions thereto.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Personal Property Taxes means ad valorem taxes imposed upon the Acquired Assets other than the Real Property or the Leased Real Property.

Personal Property Taxes shall include all property taxes assessed against the property of Tenant, whether assessed as real or personal property.

Examples of Personal Property Taxes in a sentence

Subject to Section 12.2 (relating to permitted contests), Lessee will pay, or cause to be paid, all Impositions (other than Real Estate Taxes and Personal Property Taxes, which shall be paid by Lessor) before any fine, penalty, interest or cost may be added for non-payment, such payments to be made directly to the taxing or other authorities where feasible, and will promptly furnish to Lessor copies of official receipts or other satisfactory proof evidencing such payments.
Subject to Article 12 relating to permitted contests, Lessee will pay, or cause to be paid, all Impositions (other than Real Estate Taxes and Personal Property Taxes) before any fine, penalty, interest or cost may be added for nonpayment, such payments to be made directly to the taxing or other authorities where feasible, and will promptly furnish to Lessor copies of official receipts or other satisfactory proof evidencing such payments.
Any refund for Real Estate Taxes and Personal Property Taxes shall be promptly remitted to Lessor.
Lessor shall pay, or cause to be paid, all Real Estate Taxes and Personal Property Taxes.
Subject to Article XII relating to permitted contests, Lessee will pay, or cause to be paid, all Impositions (other than Real Estate Taxes and Personal Property Taxes, which shall be paid by Lessor) before any fine, penalty, interest or cost may be added for non-payment, such payments to be made directly to the taxing or other authorities where feasible, and will promptly furnish to Lessor copies of official receipts or other satisfactory proof evidencing such payments.

More Definitions of Personal Property Taxes

Personal Property Taxes means all taxes, assessments, fees, fines and charges levied against any and all personal property, merchandise and trade fixtures located in or about the Leased Premises, as well as any taxes, assessments, fees, fines and charges levied upon any interest of Tenant in this Lease or upon Tenant’s business operations.

Personal Property Taxes means any taxes levied on personal property by the State or a local government pursuant to chapter 361 of NRS.

Personal Property Taxes means ad valorem taxes imposed upon the Company’s assets and properties.

Personal Property Taxes means all taxes, assessments, license fees and other governmental charges that are levied and assessed during the Term against personal property, fixtures and equipment and that are attributable to the Underground Segment B.

Personal Property Taxes means all taxes, assessments, license fees and other charges that are levied and assessed during the Term against Personal Property.

Personal Property Taxes shall have the meaning set forth in Section 6.10(c).

Personal Property Taxes has the meaning set forth in Section 2.4(b)(ii)